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A survey is planned to determine the mean annual family medical expenses of employees of a large company. The management of the company wishes to be 95% confident that the sample mean is correct to within plus-or-minus $50 of the population mean. A previous study indicates that the standard deviation is approximately $400.
a) How large a sample size is needed?
b) If management wants to be correct to within plus-or-minus $25, what sample size is necessary?
Describe the given data show a seasonal effect using moving average method. Describe the data which show a seasonal effect.
Use the binomial distribution formula to calculate the probability that a) out of 5 adults, none is concerned that employers are monitoring phone calls.
In the Arnold's Muffler example for the exponential distribution, the average rate of service was given as 3 per hour, and the times were ex-pressed in hours.
Statistical Hypothesis testing - Frequency distribution
If hypothesis test for single population variance is to be conducted by using significance level of to 0.10, a sample size of n = 16, and test is a one-tailed upper-tail test, the critical value is?
Find out the probability that temperature of oven will range from 460 to 470 F?
What is the estimated standard error of the sample mean? Construct a 95 percent confidence interval for the population mean category fluency test score.
Assume that you are conducting a survey of customer satisfaction regarding their cellular phone.
Assuming that these results are sample data randomly selected from the population of all past and future Olympic games
To test whether the significant difference between two sample variance using F-tests.
Calculate correlation coefficient for these sample data.
The intelligence Quotient test scores normally distributed with a mean of 100 and a standard deviation of 15.
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